On Monday morning, the GBP/USD reached the June low level zone at 1.4075/1.4085. The near term future was dependent on what would happen at this level. In the case of the rate passing the support zone of the June low levels, the rate would most likely immediately find support in the weekly S1 simple pivot point at 1.4062. Afterwards, an extension
On Monday morning, the EUR/USD started the week's trading by fluctuating near the 1.2100 mark. Note that the Friday's drop passed the support of the June low level and reached below the 1.2100 level. Due to that reason, an extension of the decline is possible. In the near term future, the rate could trade sideways until it reaches the resistance
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